Donalds advances ordinance to reduce FY2025 audit costs
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Description
The Town of Donalds approved the first reading of an ordinance for the FY2025 audit that allows the use of a compilation of financial statements instead of a full audit, following discussions with auditor Love Bailey. This change is expected to reduce the Town’s audit fees for the upcoming fiscal year.
Contract Details
Vendor
BAILEY, LOVE
Agency
Town of Donalds, SC
Contract Type
PROFESSIONAL_SERVICES
Document Date
September 23, 2025
Contract Term
FY2025 audit
Renewal Date
2026-06-30
Renewal Info
Ordinance authorizes use of compilation instead of full audit for FY2025; future years would require additional action if similar treatment is desired.
More from BAILEY, LOVE
More from Town of Donalds
Town of Donalds Council Agenda January 2026
town_council_meeting_agenda_december_2025.pdf
town_of_donalds_monthly_town_council_meeting_minut.pdf
town_of_donalds_monthly_town_council_meeting_minut.pdf
town_of_donalds_monthly_town_council_meeting_minut.pdf
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